NOT LISTED FOR SALE

8930 SE Flavel St Unit 8942 Portland, OR 97266

Lents Neighborhood

Estimated Value: $567,000 - $736,271

2 Beds
1 Bath
3,264 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $605,000 $185 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,525/month

32 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Se Flavel Street
  • Property is near a bus stop
  • Air Conditioning
  • Storage
  • Washer and Dryer

About This Home

As of November 2020

Price reduced $20K Single level 4 plex & room to build more! Zoned RM1 room to add units. Long term tenants. A/C, gas, electric units, Washer/Dryers included w/2 units. 3 Refrigerators & stoves included. Laminate or wood flooring. 3 units updated. New 4 storage units, newer fenced yards and patios. All tenants due for Rent Increase. Write offers contingent on interior inspection. No Sign on property

Last Agent to Sell the Property

Elizabeth Carpenter

LizC Real Estate Investments License #200606202 Listed on: 08/31/2020

Last Buyer's Agent

Lizbeth Hale

Tree City Real Estate License #931000192

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,808

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 0.56

Home Design

  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer
  • Wood Flooring
  • Crawl Space
  • Dishwasher

Parking

  • Open Parking
  • Assigned Parking

Utilities

  • Air Conditioning
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Level Lot
  • Property is near a bus stop

Community Details

  • 4 Units
  • Property managed by Elizabeth Carpenter

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,808

Year Built

Built in 1962 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3264
  • Stories: 1
  • Year Built: 1962
  • Property Condition: Updated/Remodeled
  • Remarks Public: Price reduced $20K Single level 4 plex & room to build more! Zoned RM1 room to add units. Long term tenants. A/C, gas, electric units, Washer/Dryers included w/2 units. 3 Refrigerators & stoves included. Laminate or wood flooring. 3 units updated. New 4 storage units, newer fenced yards and patios. All tenants due for Rent Increase. Write offers contingent on interior inspection. No Sign on property
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 21 1S 2E, TL 1000 0.56 ACRES
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Concrete Perimeter
  • Road Surface: Gravel, Paved

Garage/Parking

  • Parking Description: Assigned, Open

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: Elizabeth Carpenter
  • Management Phone: 503-314-6498
  • Unit Features: Dishwasher, Hardwood Floors, Washer/Dryer, Air Conditioning

Schools

  • Elementary School: Kelly
  • Middle School: Lane
  • High School: Franklin

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: RM1

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 8832.01
  • Assessor Parcel Number: R336674
  • Tax Year: 2019

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.17

MLS Schools

  • Elementary School: Kelly
  • High School: Franklin
  • Middle School: Lane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2023
Sold by
Marroquin Carlos and Montes Gabriela Salcido
Bought by
Three Ms & Investment Llc
Current Estimated Value
$665,068

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 9, 2020
Sold by
Turner Leslie H and Turner Joyce M
Bought by
Marroquin Carlos and Montes Gabriela Salcido
Seller's Agent
Elizabeth Carpenter
LizC Real Estate Investments
Buyer's Agent
Lizbeth Hale
Tree City Real Estate
List Price
$645,000
Sold Price
$605,000
Premium/Discount to List
-$40,000
-6.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.00%
Original Mortgage
$405,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2018
Sold by
Turner Leslie H and Turner Joyce M
Bought by
Turner Leslie H and Turner Joyce M

Purchase Details

Closed on
Dec 20, 2016
Sold by
Turner Leslie H and Turner Joyce M
Bought by
Turner Leslie H and Ratcliff Kim M

Purchase Details

Closed on
Aug 23, 2007
Sold by
Turner Leslie H
Bought by
Turner Leslie H and Turner Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,776
Interest Rate
6.73%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 5, 2004
Sold by
Turner Leslie H and Turner Joyce M
Bought by
Turner Leslie H and Turner Joyce M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Three Ms & Investment Llc -- None Listed On Document
Marroquin Carlos $605,000 First American
Turner Leslie H -- None Available
Turner Leslie H -- None Available
Turner Leslie H -- Chicago Title Co
Turner Leslie H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marroquin Carlos $405,000
Previous Owner Turner Leslie H $175,500
Previous Owner Turner Leslie H $179,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $605,000 -3.2% $185 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $625,000 -3.1% $191 / Sq Ft
08/31/2020 08/31/20 For Sale $645,000 -- $198 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,808 $403,950 -- --
2023 $10,393 $392,190 $0 $0
2022 $10,167 $380,770 $0 $0
2021 $9,995 $369,680 $0 $0
2020 $9,169 $358,920 $0 $0
2019 $8,832 $348,467 $0 $0
2018 $7,743 $305,580 $0 $0
2017 $7,421 $296,680 $0 $0
2016 $6,791 $288,040 $0 $0
2015 $6,613 $279,660 $0 $0
2014 $6,513 $271,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20197699

Regional Multiple Listing Service (RMLS)

APN: R336674